Dirty Money
G. Camera
Purdue University Economics Working Papers from Purdue University, Department of Economics
Abstract:
An inter-governmental body is encouraging the replacement of currency with the objective of discouraging illegal economic activities. This policy is analyzed in a search-theoretic monetary economy with government enforcement. Individuals choose a legal or illegal production and settle trades via quid-pro-quo or monetary exchange.
Keywords: MONEY; LAW; GAME THEORY (search for similar items in EconPapers)
JEL-codes: C78 D83 E40 (search for similar items in EconPapers)
Pages: 39 pages
Date: 1999-11
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:pur:prukra:1124
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